Exhibit 22 -Refer to Exhibit 22

question 79

Multiple Choice

Exhibit 22.1
Use the Information Below for the Following Problem(S)
$\begin{array}{|l|c|l|l|l|}\hline \text { Option Type } & & \text { Currency } &{\text { Canadian dollar }} \\\hline \text { Contract Size } & & 50000 & {\text { Canadian dollars }} \\\hline \text { Expiry } & & \text { April } & & \\\hline & & & & \\\hline \text { Strike } & \text { Call } & \text { Put } & & \\\hline \$ 0.815 & \$ 0.0118 & & & \\\hline \$ 0.820 & & \$ 0.0068 & & \\\hline\end{array}$
-Refer to Exhibit 22.1.If the spot rate at expiration is $0.90 and the call option was purchased,what is the dollar gain or loss?

• A) $0
• B) $3750 gain
• C) $3660 gain
• D) $4650 loss
• E) $2680 loss

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Definitions:

Major Depressive Disorder

An emotional well-being issue characterized by a never-ending depressed state or lack of zest in activities, causing notable disturbances in daily habits.

Selective Serotonin Reuptake Inhibitors

A class of drugs commonly used to treat depression and anxiety disorders by increasing the levels of serotonin in the brain.

Regression Toward the Mean

A statistical phenomenon that results when unusually large or small measurements tend to be followed by measurements that are closer to the average.

Control Groups

Groups in experimental research that do not receive the experimental treatment and are used as a benchmark to measure how the other tested subjects do.